Sugar prices are gaining significant momentum as weather risks across the major producing regions combine with increasingly constructive expectations for the global supply balance. New York world sugar #11 is trading at its highest level for the nearest futures contract in around 1½ years, while London white sugar has also strengthened sharply. Fund buying is […]
Cotton futures are showing renewed strength as the market attempts to recover from recent weakness, with contracts moving higher while traders assess speculative positioning, export commitments, certified stocks and the wider influence of crude oil and the US dollar. The latest move has provided some support across the futures curve, although the broader market remains […]
Germany’s 10-year Bund yield fell further below 3.45% after touching a 17-year high, as the sharp selloff in European government bonds paused and investors weighed demand for safe-haven assets against expectations for further ECB rate hikes through 2027. French bond yields remained near a more than two-decade high amid concerns over public finances, while political […]
Italy’s 10-Year BTP yield traded around 4.7%, easing from its highest level in three years of 4.74%, as traders assessed elevated inflation against Europe’s fiscal backdrop. Eurozone inflation rose to its highest level in three years, as anticipated, supporting bets of a third ECB rate hike by year-end. However, mounting concerns over debt affordability and […]
The US labour market delivered a significantly weaker employment report in September, with nonfarm payroll growth falling well short of expectations while the unemployment rate increased and wage growth slowed. The US economy added just 29,000 jobs in September 2026, compared with market expectations for 90,000 and following a downwardly revised increase of 133,000 in […]
New orders for US manufactured goods edged up by 0.1% month over month in August 2026, following a downwardly revised 0.8% increase in July and matching market forecasts. Non-durable goods orders rose by 0.3%, after a 0.7% increase previously, mainly supported by electrical equipment, appliances, and components (1% vs 0%); primary metals (1.2% vs. 2.1% […]
US heating oil prices extended their decline below $4.50 per gallon on Friday, reaching their lowest level in one month as traders reacted to plans by G7 nations to consider releasing up to 100 million barrels of emergency oil and diesel reserves. French President Emmanuel Macron said the coordinated release is expected to take place […]
The Baltic Dry Index rose for a second consecutive session on Friday, gaining around 0.3% to 3,148 points as stronger rates for larger bulk carriers provided support. The move higher offered some relief after a difficult week for dry-bulk shipping markets, with the benchmark still recording an 8.1% weekly decline. The capesize segment led Friday’s […]
US gasoline futures fell below $3.30 a gallon, retreating further from their highest level in a week as reports of an emergency release of oil and diesel reserves by Group of Seven nations eased some of the immediate pressure on global fuel markets. President Emmanuel Macron said G7 nations had agreed to release 100 million […]
The Canadian dollar weakened to around C$1.42 per U.S. dollar in September, leaving the loonie near its lowest level in roughly 12 weeks as soft domestic growth and continued U.S. dollar strength weighed on the currency. The focus heading into Monday and the start of the new trading week will be whether the loonie can […]